House for sale in Duisburg, Germany

Property Description A two-story, basement multi-family house with five apartments, which is attached on both sides. The attic is partially developed, with the living spaces of the 5 apartments ranging between 49 and 53 sqm. The house has a total living area of 248.7 sqm and was built around the year 1930. The building is heated by a district heating system. While some renovation work has been done on the existing building, there are still basic finishing conditions and some parts are outdated, so the apartments only meet simple needs. These basic finishing conditions were taken into account in the valuation, while existing defects and damage were additionally devalued by a lump sum discount. Price Consideration The property is being auctioned at a market value of 147,000.00 EUR. There is a possibility to get a 30% discount on the market value, resulting in a purchase price of only 102,900.00 EUR. Notary fees and agency commissions are also waived. This property offers potential for improvement and could be a good investment opportunity at the discounted price, considering the current condition and potential renovation costs. If you are looking for a property with the opportunity to increase its value through renovation, this could be a good option to consider. For further information and to access more affordable properties, contact the listed phone number provided.